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about taxes, u.s. economic policy. but that was about taxes and the electoral campaign. now we had elections and the taxes are at the center of a very important political debate and at the center of negotiations between the obama administration and congress, particularly the republican controlled house. as i watched the president during his recent press conference and listened to leaders of the house, i think everybody agrees it would be highly desirable to reach a compromise. they also agree the elections provided a mandate. the president seems to think that he is the one who got the mandate and that republicans are saying, well, yes, mr. president, but me, too. and how do you reconcile two mandates and reach an agreement? what are the consequences of failing to do so? this is one of the most important issues facing the administration, the congress, and the nation. mr. norquist. >> several months ago i said there are two options for after the election. after the election, if romney was elected, he would have republican senate to go along with the house. they would pass the ryan pl
association in conjunction with commander, u.s. navy third athlete, gerald beman and the united states marine corps major general spie s. the association is comprised of 12 board of directors, all of whom are volunteers. the chairman, major general michael myatt. united states marine corps retired. jod jodie breakenridge, retired. senator finestein and george schulz. the san francisco fleet week board of directors are planning fleet week year round and many city and counties are beginning their own programs to do what san francisco has done with their unprecedented efforts toward humanitarian assistance and training. today we have a world-class lineup for the entire bay area. we have a spectacular venue at the marina green showcasing the marina green. the physical symbol of commitment of federal, state and local agencies to the emergency preparedness of the bay area in a time of crisis. in that wasn't enough, after the parade of ships this morning, the navy's premiere flight demonstration, the blue angels will perform their most daring maneuvering over, under and around the golden gate bridge
the computer models are coming together in agreement there will be a powerful nor'easter across the northeast u.s. probably in the middle of the upcoming week. we can see it taking place on some of the satellites. this water vapor image showing a strong disturbance starting to work its way down through the mid-section of the country. that will help carve out a deep dip in the jet stream and allow a lot of energy and developing system to work its way up the east coast. so this is the way it looks right now. wednesday into thursday strong low pressure skirts the coast. snow inland. wind gusts to 65 miles per hour. coastal flooding and this on top of the damage that already occurred from sandy. not welcome news. >>> cbs moneywatch time now on a monday. construction gets a boost from sandy and storm victims get a break from banks. ashley morrison in new york has more. >> reporter: good morning. sandy is shaping up to be the second costliest storm in history. the price of rebuilding could boost the economy. some economists say we might see a lift of the first month of 2013 as construction workers are
. they also warned of the u.s. fiscal cliff. fiscal austerity is expected to increase. the finance chiefs cautioned extreme belt tightening could trigger a further slowdown. they point to the failure so far for debt covering bonds. they have decided to present reliable reconstruction plans for 2016 and beyond. called for growth strategies along with fiscal reform. they urge nations in fiscal good standing to step up to stimulate growth. now, it's not only the financial leaders who are worried about the slowdown. yuko fukushima joins us from the desk. how are investors feeling these days? >> good morning. understandably many of them are nervous. and they're hoping to get some clues from the u.s. presidential election. this is because investors on wall street are also feeling the downside risks of the economy. especially with the so-called fiscal cliff. right now they're staying on the sidelines through the election. new york markets ended slightly higher. the dow jones up by .15% and closed at 13,112. we'll have to see how stocks here in japan are trading this tuesday morning. we go to ram
. >> reporter: absolutely, lynn. this has been the big story outside the u.s. today. we've seen coverage all over the television with foreign correspondence stations not just in washington and florida, but all over the u.s. extensive coverage in newspapers, websites. virtually every foreign news organization has on its website a prominent section devoted to the u.s. election. that's tough to imagine in the u.s., that we would pay that kind of attention to another country's political contest. in fact, "the times" in london said their u.s. election section is now their most clicked aside from their home page and the views of it have gone up about 500% since august. part of the reason for all of this global attention is that so many people in so many other countries are looking for a catalyst for change in their own nations coming from a strong decision in the u.s. tonight there will be watch parties all over the world lasting all night long. lynn? >> all right, michelle kosinski for us in london. >>> right now vice president joe biden is in line along with his wife jill and son beau. he is the
. the u.s. geological society reported a 5.8 magnitude aftershock later sunday. reuters says at least 11 people died, but that figure is likely to rise. several workers remain unaccounted for following the collapse of an unfinished bridge over the river. >>> the shooting of a teenage girl in pakistan for defending women's rights to education has shocked the world. the pakistani government is now under pressure to tackle issues including islamic extremism and poverty that prevent girls from going to school. nhk world's hideki yui has more. >> reporter: 15-year-old malala yousafzai was shot in the head last month by the taliban movement of pakistan. the radical islamic group said girls have no right to education. the teenager is currently in britain receiving treatment in hospital. one month after the attack, malala continues to remain under tight security from the pakistani military. two girls who were with malala and also shot that day describe what happened. >> reporter: the two other girls have returned to school. they were traumatized by the incident but decided to come back to carry
is going. but for now, that wraps up our coverage from beijing. i'm james tengan. >>> u.s. leaders have been tracking china's political transition. president barack obama's administration has watched the chinese economy and military grow and has promised to take a tough stance with china on trade and other economic matters. the obama administration has also closely monitored china's disputes with japan and southeast asian nations over the islands in the east and south china seas. senior officials have refused to take sides. the president announced a year ago he will shift his country's focus to the asia-pacific region. he will have a chance to talk more about that plan over the weekend. obama will begin a four-day tour of southeast asia on saturday. he will be visiting thailand and myanmar and will attend the east asia summit in cambodia. the president promised during his re-election campaign to put more pressure on china to make it meet basic international standards with respect to trade. but analysts say despite his plans the world's top economies are tightly woven together and that i
years after a massive oil spill at daily inched the u.s. coast. --deluged the u.s. coast. welcome to our viewers on public television in america and around the globe. there are real concerns that the conflict between palestinian militants in gaza and israel could spark a wider conflict in the region. air raid fire sounded in the israeli city of tel aviv as rockets were fired towards it. the assaults underlines the rising tension. >> tonight, sirens sounding across tel aviv. the commercial capital and most populous city now a target for the rockets being fired by militants -- militants in gaza. people to cover bread they could. there were no casualties -- people took cover where they could. there were no casualties. >> i saw a flash of light. 2 kilometers in the direction of the seat. the rocket landed in the seat. >> targeting tel aviv marks a significant escalation of this growing conflict. the body of the man held responsible by his it -- by israel for launching hundreds of rockets from gauze that. -- gaza. at his funeral in gaza city, the military commander was carried to the streets
bail and was released that same night. the u.s. attorney's office and san francisco da are working out who will try the case. stern is not his attorney but says the deputy faces a rough road. >> courts have been known to deafuate and come down more hashly on law enforcement officers based on an expectation that's higher than the general public. >>> deputy's first court appearance is set for next monday. >>> to oakland where defense attorneys for the accused gunmen at a mass shooting say the suspect is not fit for trial. a psychologist claims he's a paranoid schizophrenic and cannot understand court proceedings. the victim's families say he shouldn't get away with it. >> he shouldn't be a coward. let him own up to what he did. >> reporter: the defense needs a second psychoyacht tick opinion and there is a delay in the case because he asked for an interpreter. >>> a follow-up on the arrest of a southern california man at a security check point. officials say he was wearing a watch that looks like a trigger for an explosive device. the 49-year-old went to court and learned the coun
program. he'll likely ask china to persuade the north to skrapt launch. u.s. analysts said recent satellite photos said pyongyang may fire another missile. north korean military leaders launched what they called a satellite from the same pace in april. western intelligence analysts said the device, which crashed, was a long-range missile. >>> people at a japanese electronics company are interested in strength ning their renewable energy department. ai uchida from the business desk joins us now. >> i want to tell you specifically about rechargeable batteries or storage batteries. they're use envelope households during pow area outages, they're useful to drivers who use them in place of gasoline. the people at nec in japan understand that this is a growing and important market. the japanese electronics firm will join the bidding for a bankrupt u.s. company making storage batteries. nec officials say they want to buy the failed batterymaker a 1, 2, 3 systems. the u.s. firm filed for bankruptcy protection last month. it will be up for auction in early december. sources say nec could e
on an oil rig in the gulf of mexico released one of the worst oil spills in u.s. history. the obama administration announced is putting a temporary stop on new federal contracts with bp. for more on the financial impact, i spoke with adam brooks. and what does this actually need for bp? >> it means they still have not been forgiven for the explosion in the deep water rights in that killed 11 people and pumped millions of gallons of oil into the gulf of mexico in 2010. it means that in addition to $4.5 billion in fines that they have agreed to pay, a leading criminal charges, bp will now not -- pleading guilty to criminal charges, bp will now not in -- get any new business in the u.s. >> how much business does vp actually have with the u.s. government at the moment? >> most people point to its contract that it has today, $1.4 billion in fuel that it sold to the u.s. last year. bp employs 23,000 people here and has billions of dollars in investments. it was hinting that it was not in america's interest to allow bp's business here to go under. another important thing, they have new dri
to recognize palestine as a non-member state. palestinians celebrated, but the u.s. says it is an obstacle to peace talks. nbc's danielle lee joins us with those details. danielle, good morning to you. >> reporter: good morning, lynn. it's a bit of a loss for the u.s. and israel. the peer is that yesterday's vote will make palestine less likely to negotiate a peace agreement with israel moving forward. yesterday the united nations overwhelmingly voted to upgrade palestine's status to a non-member state and that could allow them to go after israel in criminal court which could delay or complicate peace talks in an effort towards forming two independent states of palestine and israel moving forward. u.n. ambassador susan rice called the vote a setback. the u.s. had threatened funding in the west bank in the hopes of preventing it. now rice says that the only way to truly form an independent palestinian state is through direct negotiations with israel. she says that is something the u.s. is committed to making happen. despite those comments, palestinians took to the streets yesterday in a ste
hours, a former cia director david petraeus will testify before a house committee on the september u.s. consulate attack in benghazi, libya. good morning, washington. it's friday, november 16. i am steve chenevey. >> i am pamela brown. let's get to meteorologist jacq not a bad start. almost a carbon copy of yesterday. but i think we will see a little more sunshine this afternoon. the headline for today, we will have continued cold temperatures. that will be the rule again with ties only in the 50s today. after some clout in this, we should have a sunny start to the weekend. in a little while, a sneak peak to your thanksgiving forecast. let me show you super doppler. it's picking up showers towards the northern neck and delmarva. for the most part, we will have clouds today. 51 degrees by noon. partly cloudy skies at 53 degrees by 5:00. let's check on traffic with steve hershorn. >> the inner loop of the beltway, no traffic troubles. the road work is out of the way. very smoothly on the beltway at new hampshire. no problems on the outer loop. in good shape around town. looking pretty go
relations. we'll make relations with the united states more reliable. the japan/u.s. alliance has been weakened under the democratic party government. >> abe says the liberal democratic party is well prepared for the election. he says it has reviewed its principles and streamlined its policies. >>> yoshihiko noda is the third prime minister to lead japan since the democratic party took power. he's been in the job for a little more than a year. here's a look at some of the challenges he faced. >> reporter: yoshihiko noda replaced the prime minister who lost support over his handling of the fukushima power plant accident. overseas media focused on the fact that noda was japan's sixth prime minister in five years and questioned whether he could form a stable government. >> translator: i'm determined to do everything possible to move politics forward using a down-to-earth approach. >> reporter: noda identified three top priorities for his administration -- reconstruction from the march, 2011 earthquake and tsunami, containment of the fukushima nuclear accident, and fiscal restructuring and
viewers on public television in america and also around the globe. with just four days to go before the u.s. presidential election, a new jobs report is fueling arguments on the campaign trail. it seems to have something for everyone. president obama is time-outing that more jobs were -- touting that more jobs have been created than were expected. romney says the overall elm ploit rate is actually up. now starts the weekend blitz and the bbc's adam brooks has been watching the reaction for us. >> the voter in the state of ohio -- >> in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. today our businesses have created nearly 5 1/2 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> new jobs were created in america in october. 171,000 of them, many in health care, retail and business services. many more people returned to the workforce, possibly a sign of economic optimism. but still these are not numbers to excite a tired and skittish electorate. mitt romney, cam
's a double feature this afternoon, and i have the privilege of also introducing to you our next speaker, u.s. senator-elect ted cruz from texas. it was two years ago when ted cruz came up to me and others here in this room saying he was contemplating a run for the u.s. senate and asked for reaction. trying hard not to pour water over ted's noble commitment to public service, i resisted what would roll out of our topings -- tongues when a friend confronts us with advise. are you crazy? do you have a fever? have you sought professional help for this behavior? [laughter] taking a slightly different tact, i asked the usual questions. is it the right time politically? do you think the money's there? is your family prepared for this? have you checked all the necessary boxes back home in texas? now, as any of you know ted would guess, looked reflective and discerning at the questions, but you knew he was optimistic and just raring to go. he wanted to do this. from the experiences with the bush campaign and his bid for attorney regime, he knew he was ready for the political fray, and while he probab
the coaches and even leaks because many of the links i work with our code. they are not governed by u.s.a. football for pop warner. these guys can't come down. scott can't come until every coach in the united states of america this is the way you need to do it. so what we try to do at the league had to share this as an example that this is what you're fighting with the aggressors level is number one, coach kerri campbell and i went to a lake. we said this. you know i want to do? we played at the highest level, so there is a model standard. authority out there. the nfl authority set a standard for youth coaches in america. the problem is they don't embrace the changes because it's all about winning. win at all costs mentality. winning is good, but nobody remembers years from now. what matters is the effects of the game. so what we tried to do was, okay, if you guys want to improve safety and you want to improve coming you know, making sure coaches are responsiblefor me being accountable and credible, then implement the leagues are just like the nfl pa. they protect the west players. they
elections. as well as a growing pressure from congress as will some u.s. allies in the region against diplomacy. focus shifted to sanctions and tehran responded by further expanding its nuclear program leaving both sides worse off today than they were a few years ago. in the meantime, sanctions have held iranian middle class for the impoverished population while the regime's repression and human rights abuses have continued to intensify and its nuclear program has continued to expand. but a new window for opportunity for diplomacy has opened through obama's convincing real election, and in the next few months, up until the iranian new year, both sides enjoy maximum political space and maneuverability to negotiate effectively. the logic of diplomacy is obvious. it's the only option that can truly resolve the issue. sanctions can cripple iran's economy at the expense of destiny that pro-democracy movement there, but sanctions alone cannot resolve this issue. the military option can set back the program for a year or two but only at the expense of ensuring that eventually iran eventually
of the way the u.s. interacts with other countries. it's become a significant part of u.s. diplomacy and what we try to get governments to do in terms of the way they treat their own people. during the iranian revolution, the iranian green revolution in 2009, those big street protests against ahmadinejad, remember that summer of big protests there? remember how the u.s. press called that the twitter revolution? twitter was not the reason those protests happened in iran that summer, but it did turn out to be an important tool that activists and regular iranians used to communicate to each other about that giant protest movement that was so threatening to the government there. when twitter was planning a totally unrelated shutdown for technical reasons around the time of those big protests in iran, the u.s. government intervened and asked the company to please delay that planned outage to another time when it would not crimp iranians' ability to use that tool. and twitter agreed. twitter did delay that planned service outage. with this shutdown of the whole internet in all of syria today, it's
is on assignment tonight. a repeated warning to washington-- if the u.s. goes over the fiscal cliff, it would push the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the end of next year if the cliff is triggered. those s&p comments hit the market in the last 30 minutes of trading, ext
classes this year. >> tom: the u.s. economy was hotter than first thought this summer. in the newest data on the gross domestic product, the economy grew in the third quarter at its fastest pace of the year. the revised report said the economy grew at a 2.7% clip. that's well above the previously reported 2% growth. adding fuel was restocking inventories, which is not expected to continue. higher federal government spending and stronger u.s. exports also helped. the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for their shareholders continued growing today. taxes on stock dividends are currently set at 15%. but with no deal on the fiscal cliff, dividends will be t
commander, jewish war veterans of the u.s.a. charles sasino jr., national commander, american ex-prisoners of war. leo haley, national commander, catholic war veterans of the u.s.a. william meeks, secretary, vietnam veterans of america. john hamilton, commander in chief, veterans of foreign wars of the united states. cleve gear, national commander aamvets. samuel hunt, national president, blinded veterans association. john cahill, national commander, army and navy union of the u.s.a. h. gene overstreet, national commander, noncommissioned officers. james kutz, national commander, the american legion. bruce mckenty, national commander, military order of the purple heart of the u.s.a. mark kilgore, national president, fleet reserve association. james tuey, national commandant, marine corps league. edward brogan, national president military chaplin association. bill lawson, national president, paralyzed veterans of america. benny atkins, national commander, legion of valor of the u.s.a. gary angen, commander in chief, military order of the world wars. jack clemp, president, national
in power so, for example, in egypt you had mubarak, very much aligned with u.s. and israeli interests. he was willing to turn a blind eye to israeli aggressions as they described it in gaza so long as he could secure the support of the u.s. and israel. you is a very different dynamic now and why this is also a very big test to egypt, to its credit, america is allowing egypt to immediate this and so far, egyptian officials say they are not [ inaudible ] a peace treaty with israel. president morsi says he's committed to the international obligations but he's also using his leverage to perhaps rein in hamas. it's not necessarily that hamas feels empowered but now perhaps egypt's president is saying to hamas you also have a responsibility to govern, you can't just fire these rockets indiscriminately and trigger this type of backlash. this isn't only a crossroads for israel and gaza, it has a tremendous amount of implications for egypt and u.s. foreign policy vis-a-vis the new emerging realities of the arab world. >> i want to open this up to our panel in new york. something that has been goin
antiseminism and -- the gnat disifm which implicated grerm any and many other nations. europe and the u.s. until very recently liked to think that the dark times were in the past. and that religious violence was somewhere else. in society's more allegedly primitive, less characterized by heritage of christian values. today we have many reasons to doubt that come complacent self-assessment. it calls for critical self-examination as we try to uncover the roots of ugly fears and suspicious that currently disfigure all western democrats. in april 2011, a law took affect in france according to which it is illegal to cover the face in any public space from parks to marketplaces to shops. although the law does not mention the words women, muslim, boar can, or even israelied, it was introduced by president as a ban on muslim vailing which according to him imprisons women and threatens french values of dignity and equality. the new law rear renders. have adopted some type of restriction. on april 28, 2011, the belgium voted far similar ban although the law is expected to be challenged before the c
clear yesterday that he is open to new ideas. the u.s. cannot afford tax cuts that were passed 10 years ago -- over 10 years ago now. he feels that the most fair way to pick our revenue shortfall is by raising revenue from the very top. >> explained to everyone, if you can. under balsams and, it was predicted that we have -- bowl es-simpson, it was predicted that we would have 16 trillion dollars. even if you have that, why is that ok to have 22 trillion dollars of debt at in 10 years? by the is that considered still a good thing to do? -- why is that considered still a good thing to do it? >> the best capacity is the size of the debt relative to the economy. what the president has proposed is to put us on a path where the debt is stabilized and we are coming down relative to gdp. >> it is still 100% of gdp. >> i would explain a little bit about the numbers. that is the 16 trillion dollar figure that you mentioned earlier. i do nothing that is inappropriate way of measuring our debt. it is not the measure of that that is economic relevant. >> ten or 12? >> closer to 12. >> ok. the unemp
on december 7th. they priced the range at the moment of their indicative range. it will be a 3.1 u.s. billion dollar ipo and that would be hong kong's largest in about two years. looking at some of the other markets, the kospi finished with somes losses down 0.1%. asx finishing up 0.6%. let's get over to the november performances because it was a pretty good showing for the month. nikkei of course the outperformer. kelly mentioned the yen. it has been weakening against the u.s. dollar and that has been providing a lot of support. also directly related to politics in japan. this has been in focus over the last month or so. opposition leader expected to be the next prime minister when the country votes. so he has been talking about a lot of aggressive monetary easing and talking about an inflation target of about 2%. so stocks have really been on a roll. the kospi finishing up with just about 1.1% gain in november. we have the asx finishing just slightly lower about a quarter of a percent. and the hang seng continues to win finishing i believe a third month of gains up 1.8% in the month of nove
u.s. ambassador to pakistan the ambassador to the united states and former adviser to hillary clinton. hosted by the world affairs council of america, this is 45 minutes. [applause] >> is a great pleasure to be here with such a great panel, three ambassadors and one globally renowned journalist and scholars. so i've been told there have been a lot of questions about pakistan and afghanistan so far and i think we have a first-rate panel to start dealing with them. what i'm going to do in terms of focusing the discussion is i'm going to key off with questions to each of our panelists, one each and allow for a little bit of follow up and then i will open the floor to use and you will have more time to engage with them. let me begin with ambassador munter. you already got his bio, but i think in some ways he is almost uniquely positioned to provide us a very recent perspective on what pakistan looks like in the united states to official american advisers and diplomats and also the u.s. pakistan relationship during what was an exceedingly difficult and trying time which is no refle
they killed was the original shooter. more than 60 soldiers with the u.s.-led note -- into a coalition have been killed this year. meanwhile, 10 afghan civilians died in three separate roadside bomb attacks over the weekend. the dead included a family returning home from the hospital with their newborn baby. more than a dozen afghan witnesses and victims testified over the weekend as part of a hearing to determine whether u.s. staff sergeant robert bales will face court-martial for allegedly slaughtering 16 afghan civilians in march. in video testimony, witnesses, including several children, recalled being shot at and seeing their loved ones murdered. one young one remembered shouting, we are children, we are children, before seeing his sister get shot. president obama addressed a crowd at the arlington national cemetery. >> this is the first veterans day in a decade in which there are no american troops fighting and dying in iraq. [applause] 33,000 of our troops can now return from afghanistan and a transition there is under way. after a decade of war, our heroes are coming home. over the
. for the first time, the majority of the island's voters supported a non-binding referendum to become a full u.s. state. we will speak with the nation magazine's john nichols president of his new mandate for the next four years. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. president obama return to the white house on wednesday hours after his convincing win over republican challenger mitt romney in the 2012 election. aides say obama has immediately turned to the so-called fiscal cliff of $700 billion in expiring tax cuts and automatic spending reductions set to take effect at the end of the year. under the terms of last year's debt deal, obama and senate democrats must agree on a deficit reduction package with house republicans or face automatic cuts that will likely contract the economy. on wednesday, both senate majority leader harry reid and house speaker john boehner pledged to negotiate in good faith. >> the american people want us to work together. republicans and democrats want us to work together. they want a balan
, it's the liberty ship, u.s.s. jeremiah obrian. a fully operational world war ii freighter. built in 56 days at the new england ship corporation in south portland, maine and launched june of 1943, the o'brien is 441 feet long with a 57 foot beam. she is powered by a three cylinder, steam reciprocating engine that generates 2500 shaft horse power. the engine that was used and seen in the movie, "titanic". she travels 10 knots. the obrian was named in the national defense in our own sasoon bay. in the 1970's, the idea of preserving the ship began to develop and the ship was put aside for preservation instead of being sold or scrapped. in the mid- 1978's, the memorial was formed to restore the obrian and the first of thousands of hours of work to resurrect the ship from her preserved limbo. she was the last ship in the moth ball fleet. after months of preparation including the cleaning and testing of machinery and systems, the ship left the fleet, the only vessel to do so of her own power. please rises and salute the u.s.s. jeremiah o'brien. thank you. >> the ship then moved to fort
leaders are concerned about what's happening in the u.s. why should they be worried? >> we've heard the fiscal cliff quite a few times. we're going to hear much about it and that's a fact. tax cuts are going to expire just as spending cuts kick in and many fear this will push the u.s. into a recession. the head of china's central bank knows how connected the global economy is. he said it would have an impact well beyond the borders of the united states. >> translator: many drins are concerned about the possible effects of a fiscal cliff. the global economy faces a number of uncertainties which are making it hard to judge china's economic forecast for next year. >> some indicators are rebounding and the economy is stabilizing. >> the nikkei is down over 1% from thursday's close around 101 points. investors selling stocks. that's after the dow jones suffered more than 120 points. investors concerned about the u.s. fiscal cliff issue. let's switch to currency as well. let's have a look at the currency levels now. 79.50 to 51. euro 101.30. a possible delay in greece receiving financial
country is ready to do what it takes to defend its people. u.s. president barack obama spoke with netanyahu. they agree they need to stop attacks. morsi says the israelis must realize their aggression will only lead to instability in the region. iran has condemned israel's military assault on the gaza strip. the iranian foreign minister had to convince israel to stop its military aggression. >>> another round of talks on iran's nuclear program is about to resume. negotiators will meet in brussels next week in their latest attempt to move the discussions forward. negotiations between the six nations and iran have been suspended since they last met in june in moscow. the two sides have failed to make any significant progress on the issue. they are demanding iran halt its program. it's concern that the end product could be used to develop nuclear weapons. foreign policy chief kathryn ashton and negotiators of the six countries will discuss a new nuclear proposal for iran. >>> the company responsible for the massive gulf of mexico oil spill is facing the largest criminal fine in
, it certainly does. thank you. >>> despite u.s. objections, the united nations is ready to give the palestinians another step toward full international recognition. palestinians in the middle east are certainly overjoyed. israel's ambassador to the united states standing by to explain why his country thinks the u.n. action is a mistake. fis while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> any moment now we're expecting a united nations vote that could have
it with the discipline i come from an information technology career of over 30 years. i worked at u.s. special operations command as the director of the staff i know what it takes to get this stuff done, and five years, gentleman is totally unacceptable. and i don't really have a question for you. i just want you to fix this for crying out loud. >> can i respond? congressmen coming you and i but primarily roger baker and you have had this discussion. i work with you and we believe we have the good mark on architecture and i haven't satisfied you. we will come back and work on it again. >> mr. turner? >> thank you, mr. chairman. thank you for being here. i appreciate your leadership i want to particularly thank you for your work on sexual assault which and you were working on with the secretary of the va in your efforts to change the culture throughout the dod to prevent sexual assault and assist the victims. the members have been of service members and families transition and out of the military secretary panetta of the most important things transition with a family is obviously that raises the issue of
. tom will be along later in the program. congress officially gets back to preventing the u.s. economy from falling off the fiscal cliff. while washington struggles on a fiscal cliff deal, what should you do about your portfolio? jeff applegate has some answers. he's chief investment officer at morgan stanley smith barney. and home depot hammers home strong gains and lays the foundation for a strong quarter ahead. that and more tonight on "n.b.r." it was another day of cliff- watching here on wall street today. investors and traders are waiting to hear what happens at an important white house meeting on friday between president obama and congressional leaders. they will be talking about ways to solve the so-called "fiscal cliff" dilemma. investors appear cautious about making any big moves until they know whether the cliff will trigger increases in capital gains and dividend taxes. the dow fell almost 59 points, the nasdaq lost 20, and the s&p was down five. meanwhile, in washington, congress returned to work for the first time since september. lawmakers face a long "to-do list," and g
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